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Strategies & Market Trends : Your Worst Trading Enemy.. You

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To: Ally who wrote (188)2/6/2001 3:23:18 AM
From: shawnwolff   of 223
 
Re: Unpredictable Market and Our Emotions

Is the real culprit the unpredictable market rather than a trader's emotions?

No, I really do not think so. I see so often people blaming the market for their bad trades or losing streaks. How then, if the market is so unpredictable, do you account for the people who are successfully playing that market? A professional trader can adapt to any market, and take money out of every market. I am not finding the market to be unpredictable. It may be choppy, but it is predictable. What is more important than the market however, are our own reactions to that market. The market doesn't make you emotional, you have the control. Its using that control that is the key. There are several winning systems, and many losers playing those systems. Why is that ?

- Shawn
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